Hi everybody,
first post for me on this thread. I have been posting in another famous thread but unfortunately it deteriorated.
I followed you guys since december and I am almost done with reading the entire thread. Notwithstanding that I feel the need to review some parts of it, so I will soon start re-reading some key parts. Beside the important technical contribution of so many talented people in here, I would like to compliment you guys for the sincere positive collaboration amongst J16 members and for your willingness to proactively help newbies.
I will post more often and I will for sure be looking for help to better understand the method.
For the moment I would like to ask you a question.
I understand that good confluence: PPZ, Round numbers, Trendlines, etc. are key element to open a trade, a good location before looking at PA. I also noticed and please correct me if I am wrong, that some members are often willing to take counter trend trades. I personally prefer to wait for a pullback and than enter in the direction of the trend. I know it could sound obvious, but the question is: purely applying J16 method what is more important in order of priority:
Location even if it is a C/T.
Being with the trend.
Thanks again to all contributors I will be honoured to join such a positive and successful family.
Cheers
Ogeid
first post for me on this thread. I have been posting in another famous thread but unfortunately it deteriorated.
I followed you guys since december and I am almost done with reading the entire thread. Notwithstanding that I feel the need to review some parts of it, so I will soon start re-reading some key parts. Beside the important technical contribution of so many talented people in here, I would like to compliment you guys for the sincere positive collaboration amongst J16 members and for your willingness to proactively help newbies.
I will post more often and I will for sure be looking for help to better understand the method.
For the moment I would like to ask you a question.
I understand that good confluence: PPZ, Round numbers, Trendlines, etc. are key element to open a trade, a good location before looking at PA. I also noticed and please correct me if I am wrong, that some members are often willing to take counter trend trades. I personally prefer to wait for a pullback and than enter in the direction of the trend. I know it could sound obvious, but the question is: purely applying J16 method what is more important in order of priority:
Location even if it is a C/T.
Being with the trend.
Thanks again to all contributors I will be honoured to join such a positive and successful family.
Cheers
Ogeid